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CBS
Sep 14, 2012 4:30am EDT
adding 206 points. a gain of about 1.5%. nasdaq was up by 41 and the s&p a00 was better -- 500 was better by 23 points. >>> a judge has blocked the enforcement after new trader law which would require 40,000 federal workers to disclose their transactions on the internet. the judge issued an injunction which prevents the stock act being enforced on federal branch employees till at least november. it was originally applied only for congress and its workers. >>> nintendo getting ready to launch its latest gaming console. the company says it will start at $300 when it goes on sale november 18. it has a touch screen, more memory and a charging stand. >>> "u.s.a. today" has a new look. the paper's print version has a new logo and feature that lie lights colored text in key places of the story. tomorrow the online version will add a feature that allows readers to flip through pages like a digital magazine. that's pretty cool. >> attracting more people to read it every day. it used to be the old slogan. >>> a local restaurant chain takes a chance and combines two of america's most beloved
CBS
Sep 4, 2012 4:30am EDT
. >>> more rain, more flooded basements in d.c.'s bloomingdale neighborhood. the residents there are frustrated because this keeps happening. michael thomas says sunday was the third time his condo flooded in the last several weeks, and he says he has three and a half feet of sewage water filling his basement. it ruined appliances, furniture and the drywall. >> it scared me when i saw the water force that door open. i couldn't believe it. i was praying that it wouldn't push the door open entirely. there was that much pressure on that door. i never seen anything like it. >> storms also flooded a stretch of rhode island avenue, even standed a driver who had to be rescued. mayor vincent gray has appointed a task force to study the flooding problem in bloomingdale. and the d.c. water department director george hawkins says a long-term solution involves a new deeper and bigger draining system which will not be finished for years. >>> president obama toured the flood damaged town of laplace, louisiana yesterday. he met with people whose homes were destroyed in the flooding brought on by hu
CBS
Sep 3, 2012 4:30am EDT
to get much hotter than that. highs only in the low #s on. right -- low 80s. right now here's monika with something with timesaver traffic. >>> how about a whole lot of nothing. this is across the 14th street bridge into the downtown area. there are a few people going to work but all lanes are open and no hov restrictions today. i'll be back with more coming up in a few minutes. >> thanks, monika. >>> time 4:41. i am watching your money. i know this is shocking. wall street closed for labor day. you knew that. investors will return tomorrow and start preparing for the latest jobs report. the government will reveal how many americans found work in august. economists expect to see about 120,000 new hires and for the unemployment rate to stay around 8.3%. on friday chairman ben bernanke said the federal reserve will do more to boost the economy if unemployment stays high. those comments gave the market a boost. checking the numbers, the dow closed 90 points hightory 13,-- higher to 13.090. unemployment is a growing concern in europe. in 17 countries which use the euro, unemployment was
CBS
Sep 13, 2012 4:30am EDT
about 10. the s&p 500 added about 3 points. >>> the rumor is pretty much dead on accurate. you know we're going to talk about the new iphone 5. it's thinner. it's lighter. get ready because we're talking about it all morning long. the company taking the wraps off its new smartphone at an event in san francisco. it also has a faster processor, a larger four-inch screen. it will hit stores september 21 and it will start at $199. so get in line right now or else you're not going to get your phone. apple has sold more than 250 million iphones since it first introduced the one five years ago that started this whole thing. old iphones can hold on to their value pretty well if you don't know that. you can get $275 for an at&t version and about $230 for the verizon and sprint models for the 16 gig iphone 4f you will get less money for less memory or for an older model or if the screen is cracked. that makes sense. owners can also sell their phones on the websites gazelle or networth or game stope or you can get a store credit with apple. >>> facebook's stock rallies 8% -- stocks rally 8%. m
CBS
Sep 12, 2012 4:30am EDT
meeting. the dow stands at 13,323, finished 69 points higher. the nasdaq was flat and the s&p 500 was better by about four and a half points. house speaker john boehner says he is not confident congress can reach a budget deal and avoid a downgrading of the u.s. debt rating yet again. moody's investor service says it will likely cut its rating on u.s. government debt by one notch if budget negotiations fail. a record $104 million being awarded to a whistle blower. they gave the government information about overseas tax cheats. he's credited with a reported widespread tax fraud at the bank. >>> mcdonald's saw sales rise the most in asia, the middle east and africa. mcdonald's says the sponsorship of the london olympics actually helped to lift its sales. a lot of time we seafood companies or whatever pulling out of sponsorship in sports arena. in this case we see it actually worked. >> mcdonald's making its menu country friendly. we talked about the vegetarian menu in india. maybe that's one of the draws. >> thanks, jess. >>> every year thousands of drivers blow past the tolls witho
CBS
Sep 5, 2012 4:30am EDT
degrees. southwest winds at about 5 to 10. highs in the mid- to upper #s on. it's not -- upper 80s. it's not going to rain all day. we'll have a threat of showers and thunderstorms on and off. figure that pops could put down some heavy downpours. we'll have the weekend outlook when i return. here's monika with your timesaver traffic. >> we'll take a look at the beltway in prince george's county. first of all on the inner loop between route 1 and kenilworth, stay to the left to get around construction. here at central avenue you're okay. also construction in laurel southbound 95 to 16 and 198 in the right lane. i'll be back with more traffic at 4:47. >>> it is time for the first your money segment of the morning. >> the market is going to be turquoise today. i just wanted you to understand why. look the at stereo around he. >> we coordinate. you have the color, too. >> i sort of blend why. >> you're working it. we're hoping investors are going to work it today. we're hoping for a better day. wall street ended mixed yelled but at least it wasn't down across the board. some stocks were able
CBS
Sep 6, 2012 4:30am EDT
by almost 6 and the s&p 500 was down by one and a half. >>> wall street didn't seem too impressed with nokia's entry into the smartphone competition. shares fell 16% after it unveiled its product. it runs on the microsoft windows 8 platform. we might not see it in stores next month well after apple is expected to unveil the iphone. many cell phone users say they didn't -- they've decided not to use applications on their phone because of privacy concerns. some apps, for instance, want to use the phone's gps function to determine a person's location. a new survey finds 30% of app users say they've removed an app when they found out just how much information it collected. people do not want to use gps location to identify you. it is the case in a lot of these apps are just putting that information in there. they're not telling you. but this is a whole big brother thing that people do not like. >> it's in your terms of agreement but as people say, do you ever really read it. >> a perfect example of this. there's a battery life application that uses gps. why does your phone battery tes
CBS
Sep 11, 2012 4:30am EDT
yesterday. nasdaq had a bad day. the s&p 500 was down by almost 9 points. hewlett-packard is planning to cut about 2,000 more jobs than it previously announced. that brings the overall number of layoffs to 29,000 by the fall of 2014. last month hp posted its largest loss in the company's 73-year history. thousands and possibly millions of websites hosted by godaddy  by com suffered a costly outage yesterday. an anonymous hacker is claiming responsibility for this. godaddy.com hosts more than five million websites mostly for small businesses. >>> and toys 'r' us jumping into the tablet war. it plans to launch its own tablet computer aimed at children called tabio. it comes with 50 preinstalled apps and they're personally selected by toys 'r' us for children. it's going to sell for about $150 and will be on the market just in time for the holidays. it will be interesting to see how the market responds to this since there are so many other options. but this one you know your kids aren't going to get in trouble when they're on this because it's designed for children. >> watching an 18-mont
Search Results 0 to 7 of about 8